> MSFT stock is barely moved on the announcement. Doesn't necessarily seem like the market is rewarding them. It's always hard to distinguish signal vs noise i

> MSFT stock is barely moved on the announcement. Doesn't necessarily seem like the market is rewarding them. It's always hard to distinguish signal vs noise in stocks, but it has gone up 0.5% in 24 hours, which is a $8bn raise on the market cap. Cutting $3bn in wages is never going to radically change the market cap of a $1.7T company (you hope!).